Morgan Stanley Institutional Securities — Interest Income (Expense), Operating increased by 45.8% to $754.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $677.00M to $754.00M. Over 4 years (FY 2021 to FY 2025), Institutional Securities — Interest Income (Expense), Operating shows a downward trend with a -4.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
A higher net interest income indicates effective management of the spread between assets and liabilities, contributing to overall profitability.
The net result of interest income minus interest expense, representing the net interest margin generated by the firm's o...
Comparable to Net Interest Income (NII) at commercial and investment banks.
ms_segment_is_interest_income_expense_operating| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $610.00M | $716.00M | $681.00M | $681.00M | $546.00M | $520.00M | $208.00M | $223.00M | -$118.00M | $51.00M | $65.00M | -$35.00M | $298.00M | $439.00M | $677.00M | $469.00M | $465.00M | $517.00M | $754.00M |
| QoQ Change | — | +17.4% | -4.9% | +0.0% | -19.8% | -4.8% | -60.0% | +7.2% | -152.9% | +143.2% | +27.5% | -153.8% | +951.4% | +47.3% | +54.2% | -30.7% | -0.9% | +11.2% | +45.8% |
| YoY Change | — | — | — | — | -10.5% | -27.4% | -69.5% | -67.3% | -121.6% | -90.2% | -68.8% | -115.7% | +352.5% | +760.8% | +941.5% | >999% | +56.0% | +17.8% | +11.4% |
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